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  • 2023-04-03 13:34:34
    [Biz info] SunSirs: Poor Demand, Domestic DDGS Market Went Down According to the monitoring data of SunSirs, at the end of March, the domestic DDGS market continued to be dominated by a weak decline. On March 27, the average market price of domestic DDGS was 2,843 RMB/ton. On March 31, the average market price of domestic DDGS was 2,810 RMB/ton, with a price decrease of 1.17%.

    Analysis review

    Poor terminal demand and domestic DDGS market was weak and downward

    At the end of March, the demand for terminal aquatic feed remained flat, and the confidence of alcohol factories in price supporting was insufficient. The mainstream quotations of alcohol factories in Northeast China had mainly declined slightly, the market transactions were flat and shipment was general. Under the pressure of bad news, the domestic DDGS market continued to be weak and downward, with a weekly decline of over 1%.

    Market outlook

    Agricultural product analysts from SunSirs believe that the demand for terminal feed will rebound in April, and domestic DDGS is expected to hit a bottom and rebound in the future.#DDGS #
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  • Started in the year 2009, SunSirs is a well-diversified market intelligent company in China & Aboard, offering an integrated price, news and research sharing platform in bulk commodities. SunSirs believes in growing with its clients step by step and create mutual beneficial relationship. It’s about having a firm step to go that extra mile and it’s about making customers and cooperators as a part of community. At SunSirs, we provide an integrated internet platform of benchmark prices, analysis, news, consulting and conferences across 8 vital industries in China, including energy, chemical, rubber and plastics, non-ferrous metals, steel, textile, building materials and agricultural and sideline sectors. Headquartered in Hangzhou and subsided in pan China presence, we have extensive network and deep-rooted relationships in China manufacturers, wholesalers and retailers. With overseas offices in the US, the Netherlands, Korean and the well-built sales network, we serve our customers in the global metal ecosystem. At SunSirs, we help you ‘Access to Real China Market’ from a global perspective. Our Chinese version SunSirs (100ppi.com) has the largest number of commodities in China even in global. It is highly systematic, standard and easy to read. Also, our company has succeeded in predicting the economy’s turning points many time, which is around half month earlier than HSBC’s PMI. It indicates that SunSirs Index steps in the mature stage. SunSirs Index is the leading and authority economic measure of micro and macro economy, and widely applied by financial institutions, researchers, manufactures and individual investors.
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